I’ve been tracking $ALKEM for a while, and interestingly, it also came up on Tradomate insights, which gave me more confidence to enter.
- Trading near the upper end of its 4 month high, showing momentum
- No high-impact news, keeping it a cleaner technical play
Entered at 5395
Key Levels I’m Watching
- Support: ~₹5,250 (recent consolidation zone)
- Resistance: ₹5,650 (swing highs - target 1)
As long as it holds above ₹5,200, I’ll stay in the position. A breakout past ₹5,600 could set the stage for further upside.
Check it out here -